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In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complicated fashion. There is thus great uncertainty about the outcome of interaction of factors like technological environmental competitive etc. For instance consider a factory production schedule which has to take into account.
a. Customer demand.
b. Requirements of raw materials.
c. Equipment capacity and possibility of equipment failure and
d. Restrictions on manufacturing process
Weaning and Definition A systematic arrangement of classified data in labelled columns and rows is known a statistical table. Turtle has given a comprehensive defin
the dual form of the following lpp min z=3x1+2.5x2 constraints:2x1+4x2>=40, 3x1+2x2>=50 and x1,x2>=0
CONCEPT AND NEED FOR INFORMATION: We shall look at the meaning, of information as also the meaning of other related words such as data, facts, intelligence, advice, knowledge
Multiple Objective s The sample may vary according to the objective of the research. There may several objectives of marketing research so the sample size may vary a
a manufacture wants to ship 8 loads of his product as shown below. The matrix gives the mileage from origin to the destination D. Origin Destination Available A B C X 50 30 220
Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
Degree of Correlation ship 1. Perfect Correlation: When changes in two related variables are exactly proportional there is perfect correlation between them. In case
Limitation The report should also point out the main limitation of the research reported therein. This will be helpful to the reader who can form his own opinion
Maxz=3x1-2x2 St x1 -x2>_0, 3x1-x2 _0
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
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